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Goldhills Holding Secures Drilling Permit for Lennac Lake Project

Story Highlights
  • Goldhills Holding Ltd. focuses on copper and molybdenum exploration in British Columbia.
  • The company received a drilling permit for Lennac Lake, advancing its exploration efforts.
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Goldhills Holding Secures Drilling Permit for Lennac Lake Project

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The latest announcement is out from Goldhills Holding ( (TSE:GHL) ).

Goldhills Holding Ltd. has received a multi-year drilling permit for its Lennac Lake Project, marking a significant step forward in its exploration efforts. This development allows the company to initiate a drilling program aimed at assessing the potential of the Lennac Lake deposit, which has shown promising signs of porphyry copper and molybdenum mineralization. The permit is expected to enhance Goldhills’ operational capabilities and strengthen its position in the mineral exploration industry, potentially benefiting stakeholders through the discovery of further mineral resources.

More about Goldhills Holding

Goldhills Holding Ltd. operates in the mining industry, focusing on exploration and development of mineral properties. The company is primarily engaged in the exploration of copper and molybdenum deposits, with a market focus on expanding its resource base in the Babine Copper–Moly Porphyry district in British Columbia.

Average Trading Volume: 45,090

Technical Sentiment Signal: Sell

Current Market Cap: C$1.42M

Learn more about GHL stock on TipRanks’ Stock Analysis page.

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